[Othen]

Originally Posted by BicycleBoy

There is no market, these come up again and again, and only ever sell after an extended period of dutch auctioning (falling price). As they form a large proportion of the current vehicles for sale, anyone using the classifieds to value a vehicle is going to get a false impression of the average value of a 240.

So when an excitable dealer finds a single owner 240 (newsflash: Volvo owners keep their cars longer) they think it is rare and valuable and price for the top of the (percieved) market.

I would defer to market data aggregation specialists like Hagerty: https://www.hagerty.co.uk/valuation/ who put a concours 240 around the £4k mark. And these cars ain't concours.

This is a price guide that sort of developed itself through watching the market on this thread some months ago:

As a guide I'd say (from what I've seen things apparently sell for - not ridiculous asking prices):

a. Rough cars (anything with barn find in the title, cars needing welding to the sills or rear arches, MoT failures): make less than £1000.

b. Middling cars: 1981 and later cars with 100-200,000 miles, a bit of history (maybe the past decade, the stuff before that is just for interest), a long MoT and no obvious welding or repairs needed: make £1,500 to £3,000.

c. Very good cars: 1981 and later cars with less than 100,000 miles, full history, long MoT and in really good condition make £3,000 to £4,500.

d. Historic cars (1980 and older) will generally make 50-100% more than the above categories.

The above is just my observation of the market, it will not stop people hawking around rough cars for £3,000, mediocre cars for £6,000 or very good cars for silly money. I don't think they often achieve their asking prices and just spend months or years on the market until the owners give up.

I don't think these £10,000 (or even £15,000) motor cars ever sell - but there are plenty of folk that disagree with me (of which I care not one iota)

:-)